Credo Stock Declines Post-Earnings
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CredoThe Motley Fool
•Business
Business & Economics
Credo Technology Stock Edges Down Despite Powerful Artificial Intelligence (AI)-Driven Revenue and Earnings Growth
82% Informative
Credo Technology shares declined 2.9% in Tuesday 's after-hours trading session.
The company makes high-speed connectivity solutions for data centers.
Wall Street was looking for adjusted EPS of $ 0.18 on revenue of $120 million , so Credo sprinted by both expectations.
For growth investors, Credo stock is worth a place on your watch list.
In Q2 , Credo had three end-customers contributing more than 10% of its revenue.
Now is the best time to buy before it’s too late.
Right now, we’re issuing “ Double Down ” alerts for three incredible companies.
There may not be another chance like this anytime soon.
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